Saras Plastics Profile
Key Indicators
- Authorised Capital ₹ 2.00 Cr
- Paid Up Capital ₹ 2.00 Cr
- Company Age 34 Year, 1 Month
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 7.42 Cr
- Satisfied Charges ₹ 1.22 Cr
- Revenue Growth 23.11%
- Profit Growth 105.57%
- Ebitda 627.01%
- Net Worth 106.71%
- Total Assets -3.26%
About Saras Plastics
Saras Plastics Private Ltd (SPPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 08 January 1991 and has a history of 34 years and one month. Its registered office is in Ahmed Nagar, Maharashtra, India.
The Company is engaged in the Packaging Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 2.00 Cr and a paid-up capital of Rs 2.00 Cr.
The company currently has active open charges totaling ₹7.42 Cr. The company has closed loans amounting to ₹1.22 Cr, as per Ministry of Corporate Affairs (MCA) records.
Prakash Gandhi and Jayashree Gandhi serve as directors at the Company.
Company Details
-
Location
Ahmed Nagar, Maharashtra, India
-
Telephone
+91-XXXXXXXXXX
- Email Address
- Website
-
Social Media
-
Corporate Identity Details
-
CIN/LLPIN
U25209PN1991PTC059729
-
Company No.
059729
-
Company Classification
Private Limited Indian Non-Government Company
-
Incorporation Date
08 Jan 1991
-
Date of AGM
30 Sep 2023
-
Date of Balance Sheet
31 Mar 2023
-
Listing Status
Unlisted
-
ROC Code
Roc Pune
Industry
What products or services does Saras Plastics Private Ltd offer?
Saras Plastics Private Ltd offers a wide range of products and services, including Packaging Films & Foils, Protective Film, Bulk Bags & Sacks, Agricultural Bags.
Who are the key members and board of directors at Saras Plastics?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Prakash Gandhi
|
Director | 08-Jan-1991 | Current |
|
Jayashree Gandhi
|
Director | 08-Jan-1991 | Current |
Financial Performance of Saras Plastics.
Saras Plastics Private Ltd, for the financial year ended 2023, experienced significant growth in revenue, with a 23.11% increase. The company also saw a substantial improvement in profitability, with a 105.57% increase in profit. The company's net worth Soared by an impressive increase of 106.71%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metrics |
|
(FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
|
||||||
| Revenue from Operations |
|
||||||
| Total Assets |
|
||||||
| Profit or Loss |
|
||||||
| Net Worth |
|
||||||
| EBITDA |
|
What is the Ownership and Shareholding Structure of Saras Plastics?
In 2023, Saras Plastics had a promoter holding of 80.60% and a public holding of 19.40%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
-
United Plastic Waste Recyclers LlpPrakash Gandhi is a mutual person
Charges (Loans)
₹7.42 Cr
₹1.22 Cr
Charges Breakdown by Lending Institutions
- Others : 7.42 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 14 May 2014 | Others | ₹7.42 Cr | Open |
| 10 Apr 2012 | Karur Vysya Bank | ₹6.00 M | Satisfied |
| 26 Sep 2008 | State Bank India | ₹5.00 M | Satisfied |
| 11 May 2005 | Ahmednagar Merchants Co-Op Bank Ltd | ₹1.20 M | Satisfied |
How Many Employees Work at Saras Plastics?
Unlock and access historical data on people associated with Saras Plastics, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Saras Plastics, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Saras Plastics's trajectory.
Rating
Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.
Alerts
Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.